Bitcoin Miners Prepare for Halving with New Hardware and Facility Expansions
Bitcoin miners are preparing for the upcoming Bitcoin Halving by investing in new Bitcoin mining hardware and expanding their facilities. Bitfarms is planning a $240 million upgrade, while Riot Platforms and Marathon Digital Holdings are expanding their operations. Meanwhile, Bitmain has unveiled the efficient Antminer S21 Pro.
Bitmain's latest Bitcoin miner, the Antminer S21 Pro, is designed to operate in harsh conditions, withstanding temperatures from -20°C to 45°C and humidity between 10% and 90%. It can function at altitudes up to 2000 meters. Pre-orders have begun, with delivery expected in the third and fourth quarters, priced at $6,318 per unit or $4,423 with a discount coupon, offering 27 $/TH or 18.9 $/TH respectively.
As the Bitcoin Halving approaches, Bitcoin mining companies are investing in new Bitcoin mining hardware and expanding facilities to maintain profitability. Bitmain's Antminer S21 Pro offers robust performance in challenging environments, while Bitfarms, Riot Platforms, and Marathon Digital Holdings are increasing their hashrate targets. The competitive landscape in the Bitcoin mining industry is set to shift significantly after the Bitcoin Halving.
